Here’s a quick summary of the data: $CTK 15-minute open interest is up 5.51%, with total open interest at $2.47 million; over the same period, the price is down 0.29%, while the 24-hour change is +3.33%.
Leverage is clearly building up. The longer funding rates stay high, the higher the cost of capital—and the more people will struggle to hold their positions. Which signal matters more to you?
#CTK
Leverage is clearly building up. The longer funding rates stay high, the higher the cost of capital—and the more people will struggle to hold their positions. Which signal matters more to you?
#CTK